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Bio Therapeutic Drugs Company for Sale in Nea Anchialos, Greece

License for cultivation and distribution of Medical cannabis including plot and grant (840,000euros) for sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bio Therapeutic Drugs
Locations  Nea Anchialos
Local Time 11:19 PM Europe / Athens
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 210 thousand (Native Currency: EUR 180,000)
Reason: The owner has ventured into other lines of businesses and does not have sufficient funds to run the ... View More
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
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Business Name
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Business Overview
1. Greece's advantageous climate and geographic location make it an ideal setting for the development of a cannabis industry, leveraging abundant sunlight and easy access to European markets.
2. The company has received a substantial grant of EUR 840,000 from the development law, providing a financial boost with no repayment expectations.
3. Possessing a medical cannabis license enabling the production of up to 45 different products, the business has the potential to be among the top 10 distributors in Greece, positioning itself for significant market share.
4. The company holds licenses for cultivating and processing medicinal cannabis plants, focusing on the cultivation and processing of medicinal cannabis on a plot area of approximately 9,000 m2 in Nea Anchialos.
5. With the intention to achieve one of the highest levels of medical cannabis production in Europe over the next five years, the business has the potential to generate a gross profit of over 5 million euros.
6. The company has obtained the necessary legal documentation and licenses, including the first Installation approval license, to expedite the construction of a successful pharmaceutical cannabis facility, positioning it ahead of many others in the industry.
7. As a pioneer in Greece's medical cannabis sector, the business has the opportunity to capitalize on the location and the needs.
Products & Services Overview
Obtained a license that very few can obtain in Greece to cultivate medical cannabis.
The company deals in the cultivation, processing and distribution of medical cannabis all over Europe.
Assets Overview
The tangible assets included in the transaction are:
A 9,000-square-meter plot that is suited for the cultivation and processing of medical cannabis.
The buyer will get the field and legal licenses that has already been obtained.
The new owner will also have access to the grant from the government.
Facilities Overview
The company owns a plot of 9,000 square meters, on which the entire facility will be set up.
The greenhouse coverage will be 4.128 square meters included in the facility.
Capitalization Overview
- The business has a sole owner and does not have any debts.
-This is an investment estimated on a total amount of 4.2 million euros.
- A grant of 840,000 euros has been granted to the company by the development of law to help boost its finances which is a great achievement.
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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